Just a reminder that price drops and slowing inflation are definitely welcome but we should consider the drivers behind them. Supply shortages may be easing or demand might be slowing. Depending on the reason, slowing demand can be an indicator that the economy is beginning to roll over and die. That is sort of the intent behind fed tightening, and some slowdowns are expected, but I just want to throw it out there that price drops aren't necessarily a cause for celebration.
In this case prices falling is likely a good thing. One of the reasons shipping prices are so high is because suppliers are shipping earlier than they would to make sure they hit the market on time. There's no use trying to meet demand for back to school season if your products can't make it to the shelf until October.
This massively pulls demand forward puts stress on already stressed infrastructure and ultimately pushed shipping costs through the roof. As the supply chain stabilizes, suppliers will start building in less buffer for shipping problems and costs will ultimately go down.
I don't know specifics but it sounds like this is simply the rebound effect after covid etc. Demand fell, shipping messed up, demand skyrockets, shipping gets congested and super expensive. Stores have too much inventory, people have less money or perceived money from stock/crypto gains... now demand falls back to a reasonable level while supply chains are less congested
